Fill in the Blank. If the Market Supply of a Commodity X Changes Due to a Rise in the Price of Factor Input, the Market Supply Curve Will ____________. - Economics

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Fill in the Blanks

Fill in the blank.
If the market supply of a commodity X changes due to a rise in the price of factor input, the market supply curve will ____________.

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Solution

If the market supply of commodity X changes due to a rise in the price of factor input, the market supply curve will shift leftwards.

Concept: Movements Along and Shifts in Supply Curve
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2018-2019 (March) 58/1/1
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